Tuesday, February 7, 2012 20:23

Posts Tagged ‘citibank’

Citigroup to layoff 50,000 more employees

Monday, November 17, 2008 10:08

Battered by bad investment and lending decisions, Citigroup will be cutting 50,000 additional jobs to cut cost and stem huge losses sparked by bad investment and lending decisions. From MarketWatch.com Management also plans to reduce costs across the company by 20% in the near term and will continue to sell off ...

This was posted under category: Finance  |  Read Full Story  |  0 Comments